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Miscellaneous Deductions Suspended Beginning January 1, 2018

Miscellaneous deductions subject to the 2% floor of Adjusted Gross Income are now suspended

and not deductible. These include tax preparation fees, legal fees, safe deposit box fees, investment fees and convenience fees for using a credit or debit card to pay your taxes.

Previous Tax Tips

Tax Tip of the Month

Tax Tip of the Month

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